Aurangzeb, World Bank discuss growth

 Aurangzeb, World Bank discuss growth

Pakistan’s Finance Minister Meets with World Bank and IFC Representatives to Boost Development Initiatives

In a bid to foster economic growth and sustainable development, Muhammad Aurangzeb, the Minister for Finance and Revenue, held discussions with Najy Benhassine, Country Director of the World Bank, and Zeeshan Ahmed Sheikh, Country Manager of the International Finance Corporation (IFC).

The meeting underscored the significance of strengthening partnerships with international financial institutions like the World Bank and IFC. Key topics included harnessing their expertise and resources to advance Pakistan’s development agenda. The finance minister emphasized the government’s dedication to facilitating private sector investment and ensuring transparency and accountability in financial matters.

Representatives from the World Bank and IFC commended the government’s reform efforts in the economic and financial sectors. These efforts include measures to expand the tax base, restructure State-Owned Enterprises (SOEs), and pursue privatization, all aimed at fostering sustained economic growth.

Also read: Govt okays expensive $500m ADB loan

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